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. >> so these are kids that are post secondary schools. they may not have their g.e. d but they would be out of high school. we are looking at youth as young as 16. it's that gap we are trying reach out to. >> that's what they do is work on their school breaks and that's when they work their portion of the contract. for us, it's an on going and they -- would i be able to share this. >> he has a short presentation that you would like to see on the program. >> i think it would give a more understanding. would you like to see it? >> go ahead. i have some questions too, let's see. while you are doing that, i want to say i'm familiar with the program and think very highly of it and had great success in getting many of the youth involved with the program, designing and installing bicycle racks when we extended our bicycle program throughout the city. >> okay, we work with 18-26 year-olds. in landscaping, recycling, playground renovation. this is who we serve. so 39 percent from hunters point, and so forth. these other types of barriers where our participants come in with lack of g.e. d, dip
industries for $3 billion. by purchasing the oilfield equipment-maker... g-e is poised to grow its oil and gas operations. the sprawling company has become more focused under ceo jeffrey immelt, and is particularly focused on the business of mining difficult-to-reach oil. the environmental law foundation is taking the nation's largest baby food makers to court. according to the suit, dole foods, del monte and gerber, among others, are selling products that should have consumer warning labels about lead, as dictated by california law. the companies targeted in the suit maintain that the lead in their products is naturally occuring and does not pose "unacceptable" risks. the bench trial got underway yesterday. its good news for the struggling newspaper business. newspapers saw the first revenue increase in a decade. consumers are reportedly signing up for more digital subscriptions, a sign that the "pay to read" model may actually be working. however, ad revenues are still lagging on the digital platform. j-c penney and and macy's continue to fight over martha stewart. the retailers were
partnership with abc-7 news it shows the p-g&e sub- station on metcalf road which was targeted by a gunman just before 2 oclock -this morning. santa clara county sheriff laurie smith says just prior to that someone cut a-t&t fiber optic cables. affecting 9-1-1 emergency phone service in the south bay. an oil leak caused by the gunfire, has been contained by p-g&e. meanwhile, santa clara county is handling emergency phone service for affected a-t&t customers. details on the arrests and the chiefs reaction. >> reporter: five teenagers are in police custodycharged with killing e-m-t quinn boyer. police say the suspects admitted to their involvement in the crime. according to o-p-d, there was 1 trigger person, but all 5 are being charged with homicide, robbery, and car jacking. police say this is an isolated incident. all of the teens involed are between 14 and 16 years old and live in oakland. >> we believe this is a group of young juveniles that were hanging together and got into some real bad behavior. we have the suspect's car. >> reporter: police recovered the vehicle involved in the crim
. - oh, my god. it is him. [exciting jazz music] ♪ - come in, lemon. just revisiting some old g.e. quarterly reports. my first cover from my first year at the company in 1985. - ah! - ha! good times. just out of frame is a wheelbarrow full of cocaine. - so why the trip down memory lame? ha ha! high-fiving a million angels. - the microwave division quarterly report comes out today. it will probably be my last with g.e. now that i'm transitioning to kabletown.
. [eerie music] ♪ - wow... out with g.e., in with kabletown. it seems like one of us should sing the circle game right now. - 30 years at g.e.-- now it's on to phase two. i'm like keats' "stout cortez," staring at the pacific with a wild surmise and daring to imagine what... new planets might swim into my ken. - so will we be getting new employee i.d.s? 'cause i'd really like to retake my photo. - good god, what happened? - i was holding in a "snart," and then right when she took the photo... don't you want to know what a "snart" is? i can tell you now. it's 10:00. - 10:00 in the morning. - [sneezes, farts] [exciting jazz music] ♪ - ugh. - fyi, tracy's phoning it in today. - what else is new? - no, mother, literally. - are you also staying at this hotel? - line. [door opens, closes] - tracy, we have been playing this game for five years now. when is it ever gonna stop? - i don't know. after i win a bunch of awards for my movie, it's not gonna get better. - i don't see how it could get any worse. - good question, liz lemon. when you win an oscar, it opens up an elite level of actor crazine
martinez to leave school to get a g.e.d. >> in school, we heard a lot the g.e.d. is a lot quicker. you have less problems. you don't have to worry about high school credits. you don't have to worry about this, you don't have to worry about that. you go, take your test, get your g.e.d., and you're done. >> reporter: according to a 2005 report by the education trust, at least one state, new mexico, calculated graduation rates based only on the number of seniors who graduated. they excluding 9th, 10th and 11th graders who dropped out. balfanz says some schools and states are still finding ways to inflate their numbers. >> we find in some states a number of 11th and 12th graders suddenly going to home schooling. and then you push deeper and you find that half those kids are overage for grade. >> reporter: balfanz says that because some states-- indiana, for example-- try to keep kids in school by taking away their drivers licenses if they drop- out, but then they offer home- schooling as a way out. >> you get to keep your driver's license if you can just say "i'm going to be... my parents agree
that are willing to do that and i'm not going let that happen and likewise p g.e. will do everyone they can to make this program not successful. ironically, where the two extremes at some point meet each other and if those that want to see this program succeed in a meaningful and robust way so we can do right by the workers but as we don't take years as we have been doing. i don't think it's just about the rates, i don't think california benefit from slowing this down and has nothing to show for years to spend lots of money to make this happen. we are at a critical juncture where i actually believe we'll be able to do that, we'll be able to make sure we have the lowest rates we possibly can and in the meantime move forward with a robust build out. i have always satisfied -- said that to the extent in the p u c and the higher to what this build outlooks like to use the discretion to hire someone to do a peer review. there is a contract where we can use some of that money to provide guidance to both sflafco and the p u c as to what can be used in terms of the work product that has been date
and starbucks the businessy pest many. >>> and general electric's lending arm, g.e. capital will no longer finance loans for retailers whose main business is selling guns. no one ever said growing green was glamorous. one waste water company wants to collect fat. they'll use to power what will soon be the world's largest fat-fueled power station. >>> here's a good cause. crowd sourcing site kraut tilled raised nearly $14,000 so far to fix the boat that got ruined in boston bomber standoff last week. >>> and check out the new hundred dollar bill y'all. the c-note has been revamped with a security stripe and the liberty belle. >>> just ahead, unprecedented security measures at this year's nfl draft. >>> plus, we'll go live to dallas for a preview of the dedication of george w. bush library. ♪ >>> the george w. bush presidential library is set to open today. at the dedication ceremony are only five people alive who actually know what it's like to sit in that oval office chair. of course, we're talking about wrchlts and his dad, along with president barack obama, bill clinton and jimmy carte
and g.e. d and supporting beyond that level. the next slide is more detailed. this is the programming pathway. the goal is for the the job seeker to be hired as a program assistant administrator. if the job seeker is interested in this path way it will determine what level they are at and talks about the current job market and the job strategies they have had to date and enrolls them in the training that best fits their needs and opportunities are provided so when the training is complete, they will be ready for the job market and have connections in the industry. i would be happy to answer any questions. >> supervisor breed. thank you. >> thank you for your presentation. i want to go back to some of the comment you mentioned and get some clarity specifically about one that you mention is that you provide free training to companies at bay vac through a grant opportunity? >> if you are a contract -- it's through a contract with the state of california. we've had that for more than 14 years. they are doing multimedia work come train and bay vac. >> as a result this is clearly a finan
companies from doing this. if being find is the only punishment, not much, because'ge all know that marketing budgets are very large and these kind of things can make or break moments for drug makers. and guys, right now we're just talking about civil charges. >> all right, so taking doctors out to dinner, that seems pretty innocent. what was wrong here? >> it's perfectly fine to take doctors out to dinner. but in this case there are strict guidelines that must be followed. and in this case the government is saying those weren't followed. they did things beyond that and you must stick within these guidelines. >>> still ahead, six months after sandy, will the new jersey shore be ready for summer? but first a look at how commodities, treasuries and currencies fared today. >>> three japanese auto makers each announcing recalls in the u.s. and canada today. nissan the most. 120,000 new altimas being recalled to check their tires. honda needs to fix a faulty electronic stability system, saying that the car can tilt too far before it applies the brakes. and then subaru is calling bac
for $3.3 billion in cash, $88.50 a share. this is a return for g.e. to get back in the gas and oil arena. a big change for the company. >> we have been -- oil and gas has been a big part -- >> i think it's 15.2 last year. >> the fastest growing part -- >> more than 10%. >> it's called lufkin because it's in lufkin texas. i bet they listen to a lot of what we have been playing and will continue to play. >> country music. >> we could have bought this a lot cheaper in the last eight or nine years obviously. it's not bad compared to a year ago. you never know whether you're going to go into something necessarily like this. in hindsight could have bought it 30 bucks, 40 bucks. better late than never. $13 billion business. see, that's what i was talking about. it did run up there in 2011. you're not paying any more than where it was a couple years ago at him. >> that's right. g.e. expects to complete the deal during the second half of this year. airbus is said to be close to sealing a $7 billion jet order from british airways. that would be considered a blow for boeing, which continued british
g e gobernador y algo que conmovio a los asistentes fueron sus pal r palabras de animo y aliento. >>> innumerables palabras de a cariÑo y consuelo. >>> presidente barack obama alento a la ciudad de levanta e levantarse, caminar y correr de enuevo, trayendo ovaciones que d de pie se emocionaron,. >>> vamos a ser fuertes porque somos estados unidos. >>> casi dosmil personas est a estabanen la catedral, en las afueras centenares llegaron. >>> tomando la spalabras de presidente barack obama que b boston se levant. >>> conseguimos la foto de una turista espaÑola amntes de la e detonacion y la bolsa no eta. >>> son a 4 minutos antes y no sabemos si estaba ahÍ . >>> insiten en que los videos o fotos del lugar antes o despuÉs se las envione para ser anali d analizadas. >>> repetimos la informaciÓn el fbi fio a conocer publicamnete fotos y videos de dos sospechoso y piden a la ciudadania que a d ayuden a las autoridades que en con estar personas, notraten deaporximarse o tomar control o accion porque son altamente p i peligrosos y podrian estar ar d armados, llamen a
engineered or g.e. products. food is a basic necessity in our everyday lives and people have a right to know what's in the food we're eating. today i'm joining a strong coalition led by senator boxer and congressman defazio to introduce the genetically engineered food right to know act. which requires labeling of g.e. foods. the food and drug administration already requires labeling of more than 3,000 ingredients, additives and processes, but has resisted labels for g.e. foods. changing this outdated policy would simply add g.e. foods to that robust list which would not be cost prohibitive for companies or consumers. more than 1.5 million americans have filed comments with the f.d.a. urging it to label g.e. foods while surveys show more than 90% of people also support it. our legislation puts consumers first and will empower them to make informed choices for themselves and their families. i yield back. the speaker pro tempore: the gentlelady yields back the balance of her time. for what purpose does the gentlelady from texas seek recognition? the gentlelady is recognized for one minute. ms.
possible. they also were able to take out some critical p p g e stations. transformers were essential the fiber-optic cables so if you want to call that seven tossed then that's what it is. tonight the san jose sharks are back in town. a game that will likely draw atkron 4's j.r. stone is live at the game with more on the security efforts in response to what happened in boston. pam, san jose police tell us they will have additional officers inside and outside out here this afternoon you can see the officers outside of hp pavilion. tonight officers in uniform making to the game there will be a bomb sweep of the arena. alert tonight knowing what happened in boston. in a statement the sharks said that quote, "visible and non visible security will be in place to ensure the safety of all patrons and employees." they do say that if fans notice something out of the ordinary to report that suspicious activity to authorities. as for the game. sharks taking on the kings in the first of their four final jose, j.r. stone kron 4 news. and remember you can watch news channel. and live traffic. kron
is now back to normal. g e's financial arm will stop lending to gun shops. is rethinking its relationship with a gun sellers in the wake of the school shooting in newton, connecticuand boeing says it expects to resume deliveries of the 787 dreamliner by the middle of the month. the jet was grounded by the fed in january after a dangerous problem wi its batteries and the new $100 bill is coming in october. most of e changes like new colors and images are to prevent counterfeiting and those of the top trending stories on foxbusiness.com. later in the show, foreclosure crisis, new problem arising from the zombie he. tips on getting the most bang for your buck when it comes to complain. you hurt my feelings, todd. i did? when visa signature asked everybody what upgraded experiences really mattered... you suggested luxury car service instd of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. va signature. your idea of wh
to normal. g e's financial arm will stop lending to gun shops. is rethinking its relationship with a gun sellers in the wake of the school shooting in newton, connecticut and boeing says it expects to resume deliveries of the 787 dreamliner by the middle of the month. the jet was grounded by the fed in january after a dangerous problem with its batteries and the new $100 bill is coming in october. most of the changes like new colors and images are to prevent counterfeiting and those of the top trending stories on foxbusiness.com. later in the show, foreclosure crisis, new problem arising from the zombie home. tips on getting the most bang for your buck when it comes to complain. gerri: master the art of consumers. just avoided. tips to making your complaints goal long way. details next. gerri: if you are like most consumers, chances the u.s. letting big companies of the hook for their mistake. 70% of americans won't speak up if they have a problem with their product or service, this despite one of four getting results when they do complain. how do you do that? todd marks, senior project
. mr. thompson: mr. speaker, g.e. transportation, a division of general electric, is a manufacturing facility in erie county. the plant is one of the largest employers in the county with over 5,500 employees. earlier today g.e. announced its intent to restructure the operation which could result in over 950 employees being impacted. a tremendous loss for erie county, especially for the individuals and families directly impacted. the official citing is lower production volume within locomotive and mining businesses due to decreased coal demand, end of quote, as a justification for the decision. g.e. supplies locomotives to the freight and rail industry which has relied more on coal than any other commodity. the announcement is another reminder of how the administration's regulatory agenda is impacting more and more businesses connected to the coal supply chain. equally so it raises questions as to what the commonwealth of pennsylvania can do to become more competitive and improve business retention. while thanks major upset and i'm extremely disappointed, moving forward we must pull t
any assets here it went to ubs. paine webber used to be g.e.. >> right. >> so i actually talked to some financial people. i'm all g.e. no diversity or anything. >> you're kind of boxed in. >> i have no diversification. >> we're not allowed individual except g.e. and comcast. >> 60% equities. i said, listen, i'm not going to do that now. isn't this a unique time in history where really you can make the decision that i don't want it. i want like 5% fixed income. >> sure. >> is there any reason to be -- >> i just went down to 3%. >> see, i can't believe i have to do this now. i told these guys maybe it's better not to do 40%. >> look at the real yield curve. investment grade, sovereign, high yield. you have to go out, what, seven years plus to get a real return. of course. >> we're not going to hit some spoon. >> and people putting 40% in bonds. >> that's the orthodox. but at a time like this. greg, 40% of fixed income right now? i don't want to say this but it's age-based. >> andrew! >> they ask for your age and they try to apportion it. like vanguard. >> here's a great factoid. a
in the days when g.e. was 60. >> totally. >> it was one of the beloved -- it was when merck was -- remember merck was up at $80. with all the stuff that's happened with vioxx. in the heyday. yeah. >> again, you talk about what companies are doing. just with dividends and giving cash back. cfo points out they have returned $8 billion to shareholders in dividends and share repurchases and significant additional capital that's expected to be allocated to these activities for the year of the year. >> it dropped all the way, andrew to, $5, pfizer did. i think it was above 60. my chart doesn't go back far enough. i'm old. going back to coca-cola was 50 times earning. remember that? >> those were the days. >> they were. >> shares of ubs jumping. the biggest bank of switzerland. more than obviouslying estimates. we'll be speaking to the cfo of ubs, tom naratil, in the next hour. >>> aetna, the insurance giant, reporting earnings of $1.50 a share. 11 cents. came in ahead of estimates. revenues did fall a bit short. company says revenues were driven by strong membership growth in its medicare busines
to slip in a commercial break. if you have been watching the futures are now down. g.e. trading lower. consternation about the sales in europe. made comments about some of the weakness maybe they are seeing in europe. also ibm is a big loser this morning. down about nine points. ibm down nine at 198. a real concern about ibm missing on the bottom line. revenue not great. they blame the depreciating yen and not closing big deals. some of them in europe. like oracle said the sales -- people are pointing out it's hard to keep growing earnings if you can't do better in revenue. definitely affecting the dow futures. if you're on the west coast, just wake up, a manhunt in progress. authorities looking for the suspect suspect in the boston marathon bombing case. we will have the latest when we return. o. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is,
created. i saw a factory in uptate new york. a g.e. factory where there are people on the line with two-year community colleges degrees that are using computers and robotics. so these are very high end jobs. they have a lot of forward momentum. very well paid. and i think that overall, that will be a good thing for the economy. the other thing to remember is that manufacturing for every dollar created in the manufacturing sector, that creates $1.5 in the rest of the economy. that's different than any other sector. banking doesn't do that. retail doesn't do that. it has a really broad effect. >> the earnings inequality work he for the american worker and the worker in india or china, minimum wage are making 7 1/2 time more than their chinese counterparts. you say that people in india and china are demanding and getting bigger paychecks. good for them and good for us in the u.s. harder for companies to just move over to another nation and improve their bottom line. those people are still far below what we would like to make here as minimum wage workers. doesn't that low wage asian worker
to come talk to you. actually, i have to go back. >> can you spell your last name for us? >> it's f-a-g-e-n-h-o-l-z-and first name is peter, p-e-t-e-r-. >> can you identify how we should identify you? >> i'm a trauma surgeon. >> thanks very much. >> that was dr. peter fagenholz at massachusetts general hospital, trauma surgeon reporting that they have 29 patients at mass general tonight as a result of the bombing today on boylston street in boston. he, himself, who is a trauma surgeon, dr. fagenholz has operated on six of them. he said no one at the hospital, admitted to mass general is under the age of 18. the oldest patient he knows to have been admitted to mass general is 71 years old. dr. fagenholz has been working all day on surgery and was working all day on surgeries and operations before this event occurred and has been now continuing with that. joining us now is kassidy quinn bretlor in newton, massachusetts. she witnessed today's attacks. cassidy, thank you very much for joining us tonight. >> thank you for having me. i wish it was under better circumstances, obviously, but than
to go back. >> you can spell your last name for us. >> it's fchlt-a n-a-g-e-n-h-o-l. i'm a trauma surgeon. >> that was massachusetts general hospital, trauma surgeon reporting that they have 29 patients at mass general today as a result of the bombing today on boylston street in boston. he himself, who is a trauma surgeon, dr. faganholz has operated on six of them. he said that no one admitted to the hospital to mass general is under the age of 18. the oldest patient he knows admitted to mass general is 71 years old. dr. faganholz as you just heard him say, he's been working all day on surgeries and was working all day on surgeries and operations before this event occurred, and has been now continuing with that. joining us now is cassidy quinn brettler who is in newton, massachusetts. she with thenessed today's attacks. cassidy, thank you very much for joining us tonight? >> thank you for having me. i wish it were under better circumstances, thank you. >> cassidy, were you there as a spectator of the marathon? >> i was. i work downtown. one of my colleagues was running in the mara
who came to this country to g.e.d. an education at boston university and will never return home. her story in a moment. plus, the search for a hero who helped comfort one victim. as she laid leading after the blast and tonight tyler has been found. and he has a message for the woman who is trying to find him. that's coming up as fox reports live tonight from boston. or good decisions? ones i've made. ones we've all made. about marriage. children. money. about tomorrow. here's to good decisions. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your family's future? we'll help you get there. can you start the day the way you want? can orencia (abatacept) help? [ woman ] i wanted to get up when i was ready, not my joints. [ female announcer ] could your "i want" become "i can"? talk to your rheumatolost. orencia reduces many ra symptoms like pain, morning stiffness and the progression of joint damage. it's helped new ra patients and those not helped enough by other treatments. do not take orenci
. so military force is not the way to go about tis. weneed t fir g e evidence. if it's there, let's mobilize the u.n. security council. begin to take measures, including possibly targeted sanctions. we tried to get sanctions against syria at the beginning of the crise. but russia balked. if we have serious evidence that syria used chemical weapon this might begin to move russia and get them on our side in terms of putting pressure on the regime. that i think is the right step to take. that would begin to weaken them and isolate them diplomatically, and perhaps begin toget solution t tis cris we don need another military engagement here in the middle east. the pentagon has said it would take as many as 70,000 troops on the ground to be able to get some certainty about control those weapons. we're talking about another full-scale war. >> brown: kori schake, feel free to respond to that, but i want to put it in the context of all what the congressman we heard in our setup talk about the american financial, the lack of an appetite, i think, of more intervention after 10 years. >> abso
who is a commonsense person, what are you trying to do, mr. president? in erie, pennsylvania, where g.e. transportation is they built locomotives. the locomotives haul trains, those trains haul coal, there's been a 20% reduction in coal. do you know what that did to g.e.? they don't have to build as many locomotives. we have 3,000 locomotives sitting idle. why? in a country looking for jobs, why is this president eliminating jobs? look, it doesn't make any sense. it doesn't make any sense. as we go forward, i'd like this president to take a look at energy, all of the above. what would make us great as a country. energy independence. that's what we need. low cost energy. we have it right here, right now. when coal wins, america wins. and when america wins, well all win. this isn't a republican initiative or democrat initiative, this is about america. america's strategy, america's answer to energy independence. coal is a big part of that, has to continue to be a big part of that. so i thank you for what you're doing, we'll keep fighting for coal, we're not going to give up, we're not goin
real business. price target price target cut from 24 to 22. they had been optimistic on g.e. for a number of years. so this is a multiyear reversal call on g.e. >> big deal. take a look at shares of caterpillar. the company came out for earnings. that stock is trading higher right now. we'll find out why. they gave guidance below expectations. maybe the street had been anticipating this. the chairman and ceo is going to talk to us in just a couple minutes to explain what happened and what he sees around the globe. >>> also, take a look at u.s. equity futures. dow 40 points. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ to help you take charge. want to save on electricity? don't use it. live like they did long ago. or just turn off the lights when you leave a room. you can
like that could be a paradigm change we're seeing. cheryl: you like your microsoft, g.e., intel. i know you very well. thank you very much. appreciate it. dennis: and dish network launching a $25.5 billion bid for sprint nextel trying to take sprint away from japan. they said they would pay $25 billion for a stake. i knew that we wanted -- we knew dish wanted to get into the cell business, maybe bought some spectrum last year. did you expect them to go this big with this bold of a deal? >> i didn't. clear this will is by far the biggest strategic bed they're making with this proposal but i thought charlie made a compelling case today to bring together the third largest tv provider and the third largest wireless operator. if you look at the dynamics of the deal, this seems ample but you can see how it could become a very major, informinable player. dennis: have you no doubts about the ability of a satellite tv company good at one thing, suddenly buying not only the best carrier but the third carrier that has a couple of incompatible systems and try to run it? what makes charlie ergin thi
with shareholders. according to court documents, g.e. was accused of misleading investors about the health of the company during the 2008 financial crisis and that's the latest from the fox business network, giving you the power to prosper. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours.ero heartbur connell: let's get to the markets and nicole for -- well, i guess the first time this hour. we were covering the presidential news conference. stocks were down more than they are now. now it's almost to even. >> at the lowest point today, dow was down about 84 points. that was a level of 14,734. interestingly enough, we actually saw the market trending higher during the time our president was speaking and that's unusual. often we see it turning lower but it did move here. you can see there that the nasdaq and s&p 500 moved into positive territory and the d
'll bet i can outfrugal you. cheryl: g.e. has an interesting story. once i got the financial issues out of the way, the finance, frankly, you're saying this stock is up 20% the last year. you think it's still got room? >> right. we're looking at three to five years. we think the acquisition save made in a couple of areas, the most recent has been in energy purchase are extremely interesting. these fit in with the model of the company where they buy a company that makes, you know, physical things as opposed to the financial stuff that they were doing. but then the areas that they work in always have a service contract that goes along with that so they get an annuity-like business along with, you know, the heavy industrial business. so that's a very interesting business and once again, they've done this with their most recent acquisitions. cheryl: one of the things that knocked me off my chair this morning when i saw some strategies you're putting out there for your clients was health care. the health care sector has been a darling of wall street and you're saying you're avoiding health c
today or if i get g.e. tiny bit better or worse in an hour. but if i own g.e. for five, ten, 20 years, i think checking your portfolio once every quarter instead of once every hour or once every week is much better. i think gaming the market is a huge concern with investors. i hear all the time that people are losing confidence. they think is game is rigged and don't think it a place for them. but they don't have to play the game. they start out with an investment plan and think like a business owner or shopper. you buy when they are inexpensive and hold them as long as the business model pans out and when they get expensive you lighten up. you do that by rebalancing your portfolio which is tough to discipline yourself to do. but the little guy can protect himself. >> gail's point is a critical one is that we are all invested because we do generally all own shares in mutual fund. when they go to market with their large institutional orders, as they rebalance, they re getting nickeled and dimed. so execution quality is eroding long term returns. as they go to market, it's felt in a much g
versus g.e. for the third spot in our favorite four. vote now on facebook. who are you voting for? >> what were they last year? >> i think they just moved the astros. >> they couldn't just move the astros because there's five in each league. >> what are we talking about? >> baseball. don't concern yourself. >> no, no, no. >> the viewer doesn't know what we were talking about. >> we were talking about designated hitter, how we didn't like the designated hitter rule. what happened? was milwaukee in last year? >> yes. >> nobody moved. >> houston was in the american league. >> houston was in the national league. they just moved them over. >> well, then -- all right. we've got to figure this out. >> it's going to take a little time. still to come on "squawk box", north korea. a threat or is it just theater? what it means for your money. >> we're going to find out which areas of the country are seeing sales bloom while others wilt. [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffe
, amr, nbc universal with comcast/g.e. transaction that took place. i remember front page articles. we all came back. the total is down. >> two weeks in february, all those deals. by number of deals, this is a pretty important indicator, deals down 16%. so the lowest start to the year. >> i always think mm and a, i think as one of the ultimate barometers of true confidence in the marketplace. it's not just everybody out there speculating. it's the guys in the corner office who see their own numbers who show shoo know how they feel about their business. >> right. >> what does this say about that? >> it's a couple outliers. consumer stables with telecom, tech. the past three years it's been energy, power. it's down. a typical market. kind of one off transactions. these are, you know, it really is an interesting m&a market where you hear every day confidence is up. buybacks are up. m&a doubled. the biggest start ever. >> what does this say to you? do you care about m&a? i think it is a confidence barometer. and this says to me something weird is going on. it should be happening. >> there'
of the examples. the ford motor company. coca-cola. g.e. wal-mart. the insurance giant, munich re. alcoa, the great aluminum maker. >> mask. procter & gamble. fedex. and the so-called bicep group, which includes ebay, intel, starbucks, adidas and nike. so this notion that this is a hoax, that there's doubt is belied by some of the most respected names in the private sector. and those companies join the national academies. they join nasa. they join the u.s. department of defense, government accountability office, the american public health association, and, yes, the united states conference of catholic bishops. as well as the majority of americans in understanding that it is time to wake up, to end this faux controversy that has been cooked up by the fossil fuel industry and to do the work here in congress that needs to be done to protect americans from the harms of carbon pollution. i thank the presiding officer, and i yield the floor. the presiding officer: under the previous order, the senate stands in recess subject to the impose a particular world view. a world view i call lynn reall
have the renewable center for g.e., the international center, in the heart of my district. we have the r&d lab, all of these places are working in a way to allow for us to look at new battery designs, the lynch pin to innovation that allows us to embrace, perhaps storage, that it makes it more predictable and -- of more useful capacity. investment in cable that allows for less line loss in the delivery, in the transporting of electrons, to the source. there are many, many ways that we can be significantly sensitive to the demands on our society for energy and not to be wasteful, to be innovative in our approach and to green up our thinking. i'll say this and i know we have others that want to speak, but when i first arrived here in 2009, after the 2008 election, i was able to sit at the table when we formed arks democrats, -- formed, as democrats, a coalition of like-minded thinkers who want to take us in green directions, with progressive politics and enable us to think outside the barrel. to be able to be clever in our approach d clever in our approach to provide for new ways to
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